Absorption Rate Analysis – January 2025: We’ve Never Seen a Month Like This Before

We’ve never seen a month like January 2025 in the history of publishing our absorption rates. And with so many monumental factors at play, it’s tough to pin these results on one thing. New presidential administration? Citywide fires? The Grind to Greatness Realtor Race? In short, we expected a drop in absorption rates in January. […]

Bing Crosby House in Palm Desert Could Be Among the County’s Most Expensive Sales

Featured image credit: Paramount Pictures Before Mariah Carey wrapped her mittened hands around the holiday music charts, December was the season of Bing. Legendary actor and crooner Bing Crosby recognized the value of a well-timed Christmas tune… or ten. When the holidays rolled around, so did Crosby’s latest carol… or maybe a golden oldie. It […]

Absorption Rate Analysis: December 2024 – Things Are Looking Up. Very Up.

A December surge toward the seller’s favor is a holiday tradition in its own right when it comes to our monthly absorption rate analysis. It’s just how the “off-season” works in real estate. A lower volume of homes hitting the market typically tips the scales in the sellers’ favor. In December 2022, only one of […]

When Will We See Interest Rates Dropping Again? Probably Soon. But There’s More to the Story.

It’s still one of the hottest questions in the real estate industry: when will we see interest rates dropping again? Short answer: probably on December 18. The Federal Reserve will be gathering for the Federal Open Market Committee meeting and I am confident that they will announce a modest policy rate reduction to close out […]

There’s No Place Like Dome: Why Isn’t the Dome House a More Popular Design Model?

It’s unfortunate that the dome house never really caught on as a viable alternative to boxier living. At first glance, dome houses seem like they’d be more trouble than they’re worth. We’re just too accustomed to more traditional home designs. But after reviewing the benefits and drawbacks of dome home life, it seems that it […]